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Attorneys for State Farm said if the rate increases are approved, the company has also agreed to seek $400 million in funds from its parent company.
Insurance industry expert Karl Susman answers questions regarding the three-day State Farm hearing that wrapped up in ...
After a three day hearing this week, State Farm is one step closer to approval for a rate hike on its California customers.
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the devastating Los Angeles wildfires.
During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.
At an Oakland hearing Tuesday, attorneys for State Farm Insurance made their case for an emergency rate hike that could ...
Here's the likely outcome of the April 8 hearing set to follow the California insurance commissioner's tentative mid-March approval of a 22 percent average rate increase for customers of State Farm ...
Here’s the likely outcome of the April 8 hearing set to follow the California insurance commissioner’s tentative mid-March approval of a 22 percent average rate increase for customers of State ...
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